Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months, his remaining debt was \$6900$6900dollar sign, 6900. What was the original amount of Harry's debt/

Answers

Answer 1

Answer: $8,400

Explanation:

Given the following:

Amount repaid each month = $150

Number of Periods for which amount was paid = 10 months

Amount left after 10 months payment = $6900

Harry's original debt=?

The total amount paid = $150 × 10 = $1500

Amount left = $6900

Total debt amount:

(Total Amount left + total amount paid )

$(6900 + 1500)

=$8400

Answer 2

Answer:

Harry's original debt was$8400

56 months to pay off his entire debt

Explanation:


Related Questions

Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is non-cumulative. How much will the preferred and common stockholders receive on the date of payment?

Answers

Answer: $7,500 preferred stock, $12,500 common stock

Explanation:

Given that:

Total cash Dividend = $20,000

Preferred stock:

5,000 shares of $15-par, 10%

Therefore ;

preferred stock balance = number of share × price × rate

5000 × $15 × 0.1 = $7,500

Balance of common stock is therefore ;

Total cash Dividend - balance of preferred stock

$20,000 - $7,500 = $12,500




In
, people invest money in a company in exchange for the company’s
.


Answers

Answer:

In equity crowdfunding, people invest money in a company in exchange for the company’s shares

Explanation:

Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.

Startups and early-stage companies use this method to raise capital.

The tendency for managers to compare the performance of divisions within a company to each other using the same metrics regardless of each division's unique characteristics is known as _____ bias. a.surrogation b.division c.metrics dmon measures

Answers

Answer:

Metrics Bias.

Explanation:

Metrics is defined as a standard of measurement while bias can be explained to occur when there is lack of fairness in arriving at a decision.

Using the same metrics within a company to evaluate the performance of different divisions where each division has its own unique characteristics will not give a fair decision and due to metrics bias as the metrics used may tend to favor some divisions more than others.

Felipe is an illegal immigrant seeking work in the U.S. He is hired by a small factory doing manual labor. When it is discovered that Felipe is an illegal immigrant. Which is the correct answer? A. Felipe cannot be deported, but the employer can be punished. B. Felipe cannot be deported, and the employer will not be punished. C. Felipe can be deported, and the employer will not be punished. D. Felipe can be deported, and the employer can be punished.

Answers

Answer:

its D. felipe can be deported and the employer can be punished

Explanation:

how do you find tax liability from taxable income?

Answers

Answer:

How to calculate tax liability from taxable income

Explanation:

Your taxable income minus your tax deductions equals your gross tax liability. Gross tax liability minus any tax credits you're eligible for equals your total income tax liability. hope this helps you :)

what is the chance of me being in the U.S. Air Force !!!!

Answers

Very likely if you believe in yourself!
Good luck ;)

Meg's company decided to build an additional factory in a small community. When the community started a protest because of the negative impact the factory would potentially have, Meg's company promised to prevent and pay for any negative impact to the community. It also offered to build a community park to balance out the negative impact the factory might cause. Which moral standard of social responsibility is the business observing?

Answers

Answer:

Corporate Citizen Moral Standard

Explanation:

The reason is that the company have to meet its social standards and the legal requirements which the jurisdiction imposes on it, which is Corporate Citizen Moral Standard. Furthermore, for this reason the company has promised that they will try their best to prevent any negative impact and if there are such cases then it will compensate them as well, which is their legal requirement. They also had offered to build a community park which is the requirement of their social standards.

How much will a $1.42 loaf of bread cost in 25 years based on inflation?
A. $1.99.
B. $2.54.
C. $3.41.
D. Can't figure because we don't know the inflation rate.

Answers

D because if we had the inflation we would know how to solve it but since there is no inflation you can’t solve it

Inflation is the fluctuation or the gap between the changes in the prices of goods and the unit value of the domestic currency. In the context of economics, the inflation rate reflects the increase or decrease in the purchasing power of the consumer of the goods.

The correct option is D. Can't figure because we don't know the inflation rate.

The future cost of the goods is based on the current cost and the number of years require for the inflation rate due to which the future cost needs to be determined.

The inflation rate is the percentage rate for the changes in the unit value of the currency over a period of time.

For determining the per-unit cost of goods based on inflation we need to know the inflation rate without the inflation rate the future cost of the goods cannot be determined.

To know more about inflation, refer to the link:

https://brainly.com/question/3473705

The bicycle industry is made up of 100 firms with the long-run cost curve c(y) = 2 + (y2/2) and 60 firms with the long-run cost curve c(y) = y2/10. No new firms can enter the industry. What is the long-run industry supply curve at prices greater than $2?

Answers

Answer:

[tex]Y = 400 p[/tex]

Explanation:

Given that ;

The total cost for 100 firms is TC : [tex]2+ \dfrac{y_2}{2}[/tex]

The marginal cost of one firm will be:

[tex]MC_1 = \dfrac{\delta \ TC}{\delta y}[/tex]

[tex]MC_1 = \dfrac{\delta \ ( 2+ \dfrac{y_2}{2})}{\delta y}[/tex]

[tex]MC_1 = y[/tex]

So; Now , the marginal cost for the all 100 firms  is [tex]100 \ MC_1 = 100y = Y_1 = 100 P[/tex]

The total cost for 60 firms is [tex]TC_2 =\dfrac{y^2}{10}[/tex]

The marginal cost of one firm will be:

[tex]MC_2= \dfrac{2y}{10}[/tex]

[tex]MC_2= \dfrac{y}{5}[/tex]

The marginal cost for all the 60 firms will now be:

[tex]60*MC_2 = 60 * \dfrac{y}{5}[/tex]

[tex]5*60*MC_2=60y[/tex]

[tex]300MC_2 = 60 y = Y_2 = 300P[/tex]

Finally; the long run supply function is industry supply function and which is therefore determined as :

[tex]Y = Y_1 +Y_2[/tex]

[tex]Y =100p+ 300 p[/tex]

[tex]Y = 400 p[/tex]

4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.​

Answers

Answer: AJ, MT, RD, Jr

Explanation:

Given the following data :

AJ - 16

TM - 23

WF - 23

SW - 22

MT - 15.5

RD - 18.5

Jr - 20

LS - 23

PB - 36

Median salary can be calculated thus :

Arranging salary in ascending order of Magnitude :

15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)

Meduan salary is the 5th figure in the arrangement = £22 thousand

Therefore, those earning less than the median salary are:

AJ, MT, RD, Jr

The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity

Answers

Answer: 7.5%

Explanation:

Given the following :

Coupon rate = 7.5% semi-annually = 0.0375

Coupon or interest payment per period = $37.5

Period (n)= 6.5 years * 2 = 13

Face value(f) = $1000

Price of bond = face value = $1000

Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]

Semiannual YTM = [(((1000 - 1000) / 13) + 37.5) / (1000 + 1000)/2]

Semiannual Yield to maturity = [(((0 /13) + 37.5) / 2000/2]

= 37.5 / 1000 = 0.0375 = 3.75%

Yield to maturity = 2 × Semiannual yield to maturity

Yield to maturity = 2 × 3.75% = 7.5%

Drag the tiles to the correct boxes to complete the pairs.

Derek is studying business Information management careers. Help him match the career to its role.

project manager

marketing manager

business development

manager

business analyst

helps businesses to implement technology

solutions for particular projects

Answers

Answer:

Project Manager - Helps Businesses to Implement Technology

Marketing Manager - Business Development

Business Analyst - Solutions for Particular Projects

Explanation:

1. Project Manager - Helps Businesses to Implement Technology

The Project Manager basically helps the businesses to bring change in the business operation or processes. The implementation of technology is a change in operation or processes so it is the main role of the Project Manager.

2. Marketing Manager - Business Development

The marketing manager is responsible for bringing sales orders which is business development. Business development is all about generating sales.

3. Business Analyst - Solutions for Particular Projects

The business analyst analyzes the problems and generate solutions for the business which helps best in solving them. Their are numerous evolving issues which the business analyst solves so it is the job of the business analyst.

Business analyst - Helps businesses to implement technology solutions for particular projects.

Project manager - Develops and manages project plans

Marketing manager - Creates sales and marketing strategies for companies

Business development manager - Generates new business opportunities for companies

Just got it right on Edmentum/Plato :)

The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 1,260,000 Selling price per pair of skis $ 450 Variable selling expense per pair of skis $ 50 Variable administrative expense per pair of skis $ 19 Total fixed selling expense $ 155,000 Total fixed administrative expense $ 105,000 Beginning merchandise inventory $ 70,000 Ending merchandise inventory $ 105,000 Merchandise purchases $ 285,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit?

Answers

Answer:idk I’m sorry bud

Explanation:

"Development of society means the transformation of society." Elucidate it by giving examples .​

Answers

Answer:

Development of society means transformation of the societies structure and its relations. For there to be a development in a society, its structure has to be changed.

Explanation:

Development of society means transformation of the societies structure and its relations. For there to be a development in a society, its structure has to be changed.

Over the years, various rules and regulations restricting the activities of people living in society have been made. Some of these regulations have been positive while some negative. This has lead to various society transformation like from simple to complex, unity to diversity, uncivilization to civilization and primitive and so on.

For there to be development they have to be transformation.

Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.

Answers

Explanation:

the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.

What is a mass number​

Answers

The Mass Number also called atomic mass number or nucleon number, is the total number of protons and neutrons in an atomic nucleus. It is approximately equal to the atomic mass of the atom expressed in a atomic mass units.

1. Which task is performed by a book - Keeper
A) analyzing the trading results -
B) entering transactions in the ledger
C) preparing year - end financial statements -
D providing information
decision-making
for​

Answers

Answer:

B.

Explanation:

A book-keeper is an employee hired for keeping a day-to-day record of financial transactions in ledger. The book-keeper performs the task of book-keeping of financial transactions of a company or enterprise.

The financial transaction includes sales, purchases, payments, etc. These enteries are recorded in a general ledger. This entering of financial transactions has to be done on daily basis.

Thus the correct answerr is option B.

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